格尔夫波特采用税收优惠保留计划保护NOL税收资产

俄克拉荷马城, 4月30日, 2020年(环球新闻专线)——体育平台(纳斯达克股票代码:GPOR)(“格尔夫波特”), today announced that its 董事会 (the “Board”) has unanimously adopted a tax benefits preservation plan (the “Tax Benefits Preservation Plan”) to protect the ability of Gulfport to use its tax net operating losses (“NOLs”) under Section 382 of the Internal Revenue Code (the “Code”) to reduce its future tax liabilities.

截至2019年12月31日,Gulfport约为1美元.30亿美元的联邦nol可用来抵消其未来的应税收入. Gulfport’s ability to use these NOLs would be substantially limited if Gulfport experienced an “ownership change” within the meaning of Section 382 of the Code. 一般, an “ownership change” occurs if the percentage of the Company’s stock owned by one or more of its “five-percent shareholders” (as such term is defined in Section 382 of the Code) increases by more than 50 percentage points over a three-year period.  In light of the recent high volatility and trading volumes in the Company’s stock in the midst of the current market disruptions, Gulfport determined to adopt the Tax Benefits Preservation Plan to prevent an inadvertent impairment of its NOLs. The Tax Benefits Preservation Plan is similar to plans adopted by other companies with significant NOLs.

税收优惠保留计划将于2021年4月29日营业结束时到期.

根据税收利益保留计划, 格尔夫波特将发行, 通过分红的方式, one preferred share purchase right for each outstanding share of Gulfport common stock to shareholders of record on the close of business on May 15, 2020. 最初, 这些权利将不可行使,并将与之交易, 并由, 格尔夫波特公司的普通股.

根据税收优惠保留计划, the rights generally become exercisable only if a person or group (an “acquiring person”) acquires beneficial ownership of 4.9% or more of the outstanding shares of Gulfport common stock in a transaction not approved by 董事会. 在这种情况下, 一项权利的每个持有人(除取得人以外), 谁的权利)将有权购买, 按当时的行权价格, 额外折价50%的格尔夫波特普通股.   另外, 董事会, 由其选择, 可以全部或部分交换每项权利(收购人持有的权利除外)吗, 以一股格尔夫波特普通股换一股已发行权利的比率计算, 可能会有所调整. 除非税收优惠保留计划另有规定, 董事会有权以0美元赎回这些权利.每权001.

如果一个人或团体受益地拥有4.9% or more of the outstanding shares prior to today’s announcement of the Tax Benefits Preservation Plan, 那么,这些个人或集团现有的所有权比例将不受限制.  然而, grandfathered shareholders will generally not be permitted to acquire additional shares.   

The Tax Benefits Preservation Plan allows 董事会 to exempt certain persons and transactions from the provisions of the Tax Benefits Preservation Plan if 董事会 determines that doing so would not jeopardize the availability of the NOLs.

Additional information regarding the Tax Benefits Preservation Plan will be contained in a current report on Form 8-K to be filed by Gulfport with the U.S. 美国证券交易委员会.

盛德律师事务所(Sidley Austin LLP)担任Gulfport的法律顾问.

约格尔夫波特

Gulfport is an independent natural gas and oil company focused on the exploration and development of natural gas and oil properties in North America and is one of the largest producers of natural gas in the contiguous United States. 总部设在俄克拉荷马城, Gulfport holds significant acreage positions in the 尤蒂卡页岩 of Eastern Ohio and the 独家新闻 Woodford and 独家新闻 Springer plays in Oklahoma. In addition, Gulfport has an approximately 22% equity interest in Mammoth Energy Services, Inc. (NASDAQ:TUSK) and has a position in the Alberta Oil Sands in Canada through its 25% interest in Grizzly Oil Sands ULC. 欲体育平台信息,请访问cabiritic.lj-hb.com.

前瞻性陈述

This press release includes “forward-looking statements” for purposes of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, 1933年证券法第27A条, 修订的, 以及1934年《体育平台是》第21E条, 修订的. 所有的报表, 除了对历史事实的陈述, 包括在本新闻稿中,地址活动, events or developments that Gulfport expects or anticipates will or may occur in the future are forward-looking statements, 包括, 但不限于, statements regarding Gulfport’s ability to utilize and realize the value of its NOLs and how they could be substantially limited if Gulfport experienced an “ownership change” as defined in Section 382 of the Code, whether the Tax Benefits Preservation Plan will reduce the likelihood of such an unintended ownership change from occurring, the potential impact of the utilization of the NOLs on Gulfport’s free cash generation and the potential impact of distribution of the rights on Gulfport’s financial conditions and results of operations. These statements are based on certain assumptions and analyses made by Gulfport in light of its experience and its perception of historical trends, current conditions and expected future developments as well as other factors it believes are appropriate in the circumstances. 然而, whether actual results and developments will conform with Gulfport’s expectations and predictions is subject to a number of risks and uncertainties, 其中许多都超出了格尔夫波特的控制范围, that could cause actual results to differ materially from the results discussed in the forward-looking statements, 包括, 但不限于, federal and state tax legislation and unreported buying and selling activity by Gulfport shareholders. Information concerning these and other factors can be found in Gulfport’s filings with the U.S. 美国证券交易委员会,包括其表格10-K, 10-Q和8-K. 因此, all of the forward-looking statements made in this press release are qualified by these cautionary statements and there can be no assurances that the actual results or developments anticipated by Gulfport will be realized, 或者即使实现了, 他们会对格尔夫波特产生预期的后果或影响, 其业务或运作. 格尔夫波特没有这个打算, 并放弃任何义务, 更新或修改任何前瞻性陈述, 体育平台是否体育平台是新信息的结果, 未来结果或其他.

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